What is an “F-Reorganization”?
An “F-reorganization” is a type of entity reorganization done primarily for tax purposes. It is a type of tax-free change under the IRS Code typically including a change in identity (i.e. name), or form of entity (LLC into a corporation). In order to realize the tax-free advantages, six requirements (set forth in the Treasury Regulations) […]
Ways To Manage Your Risk In Commercial Real Estate Contracts
Every time your company enters into a contract or agreement, there is potential risk. Times are changing and so should your contracts. Most owners and/or leaders sign standard forms every day without fully understanding what they are signing. This has the possibility of leading to financial disaster. It is money well spent to have your […]
Attorney Spotlight: Kylie Kaminski
In what area of law do you practice and why did you choose this? M&A / Business corporate law. I chose this because I found that it was a great mix of things I was already good at, as well as gave me the opportunity to learn how to help people in a different way. […]
Tax Season: Do I Really Have to Pay That Much?!
With a new year, comes a new round of taxes. Property owners will have received their 2021 property tax valuations payable in 2022 in January, and for some it may be a shock to see how much property taxes have risen over the last year. But fear not, for Minnesota gives property owners a way […]
Thinking of Buying or Selling a Business? Now May Still Be a Great Time to Prepare
While major portions of the business world are on hold, business owners and leaders can still position their business for sale or acquisition in a positive way by focusing on the future. Thinking critically about your five-year plan is a productive way to spend your time if business is slow. Is your business growing and […]
Starting a Business During a Pandemic
The COVID-19 pandemic has impacted our world in dramatic ways – from the workforce shifting to working from home to skyrocketing unemployment numbers. Many owners and C-Suite execs have had to make tough decisions about the future of their business, not to mention that a recession may also be on the horizon. But amidst all […]